Regulatory Alerts2013-08-22 | 2013-19894Harmonization of Compliance Obligations for Registered Investment Companies Required To Register as Commodity Pool Operators
The Commodity Futures Trading Commission adopted final regulations establishing a substituted compliance regime for registered investment companies that must register as commodity pool operators. This rule allows these entities to satisfy specific CFTC disclosure, reporting, and recordkeeping obligations by adhering to corresponding Securities and Exchange Commission requirements. The Commission also amended certain Part 4 provisions applicable to all commodity pool operators and commodity trading advisors to reduce regulatory burdens and eliminate inconsistencies between the two agencies' regimes.
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